Insiders taking their pay in stock
What it meansThese insiders were owed cash, such as a board retainer, fees or a salary, and chose to take shares instead, so their pay now rises and falls with the stock. It is a quieter sign of confidence than buying shares on the open market, and it can also mean the company is short of cash and paying people in shares; the annual report (10-K) and the proxy statement usually show which.
67insiders at 48 companies41after the stock had fallen0also bought on the open market
| Company | Insider | What they took | Stock, three months before | Also bought on the market | Filing |
|---|---|---|---|---|---|
| Allegro Microsystems, Inc. ALGM | Willett RobertDirector | A retainer as 619 units30 September 2026The filing's own wordsAs part of the Issuer's non-employee director compensation program, the reporting person elected to receive his quarterly cash board retainer fee in the form of DSUs pursuant to a prior election under the Issuer's Deferred Compensation Plan for Non-Employee Directors. | -42.5% | No | Form 4 |
| Arbor Realty Trust Inc. ABR | Bacon Kenneth JDirector | $23,754 of cash pay as 6,029 units30 September 2026The filing's own wordsBacon has elected to defer his cash compensation earned in 2026 for his service as a director until January 2028, or sooner upon a change in control or his service as a director is terminated, pursuant to a pre-established deferral election. | -27.8% | No | Form 4 |
| Goodyear Tire & Rubber Co. GT | Winkler Jason JDirector | A $34,999 retainer as 6,958 units1 October 2026The filing's own wordsRSUs accrued, pursuant to an election by the reporting person, to the Retainer Deferral Account of the reporting person in accordance with the Company's Outside Director's Equity Participation Plan. | -23.5% | No | Form 4 |
| C. H. Robinson Worldwide, Inc. CHRW | Gokey Timothy CDirector | A $30,776 retainer as 208 units30 September 2026The filing's own wordsReflects restricted stock units granted in connection with the reporting person's election to defer receipt of his most recently quarterly cash retainer payment. | -22.6% | No | Form 4 |
| C. H. Robinson Worldwide, Inc. CHRW | Goodburn Mark A.Director | A $36,398 retainer as 246 units30 September 2026The filing's own wordsReflects restricted stock units granted in connection with the reporting person's election to defer receipt of his most recently quarterly cash retainer payment. | -22.6% | No | Form 4 |
| Mirion Technologies, Inc. MIR | Kingsley Lawrence DDirector | A $19,115 retainer as 1,333 shares30 September 2026The filing's own wordsThese shares were issued in connection with the Reporting Person's election to receive his or her quarterly retainer for director services in the form of vested shares rather than cash. | -21.1% | No | Form 4 |
| Mirion Technologies, Inc. MIR | Markopoulos JodyDirector | A $19,115 retainer as 1,333 shares30 September 2026The filing's own wordsThese shares were issued in connection with the Reporting Person's election to receive his or her quarterly retainer for director services in the form of vested shares rather than cash. | -21.1% | No | Form 4 |
| Astec Industries Inc. ASTE | Jackson Jeffrey TDirector | A retainer as 390 shares31 July 2026The filing's own wordsReported transaction is a quarterly retainer fee that the director elected to receive in stock. | -21.0% | No | Form 4 |
| Everus Construction Group, Inc. ECG | Rosenthal DaleDirector | A $26,185 retainer as 203 shares31 August 2026The filing's own wordsPursuant to the issuer's director compensation policy, the reporting person elected to receive common stock in lieu of the cash compensation retainer for service on the issuer's board of directors. | -20.7% | No | Form 4 |
| Everus Construction Group, Inc. ECG | Ryan Edward ADirector | A $15,608 retainer as 121 shares31 August 2026The filing's own wordsPursuant to the issuer's director compensation policy, the reporting person elected to receive common stock in lieu of the cash compensation retainer for service on the issuer's board of directors. | -20.7% | No | Form 4 |
| Equifax Inc. EFX | Larson Barbara ADirector | A $28,683 retainer as 209 units30 September 2026, 3 times in 90 daysThe filing's own wordsRepresents phantom stock units previously elected by the reporting person to be received as deferred compensation in lieu of annual cash retainer fees under the Company's Board of Directors Deferred Compensation Plan. | -15.4% | No | Form 4 |
| Equifax Inc. EFX | Marcus Robert DDirector | A $34,996 retainer as 255 units30 September 2026The filing's own wordsRepresents phantom stock units previously elected by the reporting person to be received as deferred compensation in lieu of annual cash retainer fees under the Company's Board of Directors Deferred Compensation Plan. | -15.4% | No | Form 4 |
| Fidelity National Information Services, Inc. FIS | Goldstein Jeffrey ADirector | A $57,694 retainer as 1,585 shares15 October 2026The filing's own wordsReporting person elected to purchase FIS stock in lieu of the quarterly cash retainer paid to him as Independent Chairman of the Board of Directors. | -15.2% | No | Form 4 |
| Acuity Inc. (De) AYI | Tzitzon NicholasDirector | $90,795 of fees as 296 units24 September 2026The filing's own wordsThe DSUs resulted from the Reporting Person's election to receive a portion of annual director fees in the form of a DSU. | -13.9% | No | Form 4 |
| Public Storage PSA | Havner Ronald L JrDirector | A retainer as 107 units2 October 2026The filing's own wordsThe number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. | -13.9% | No | Form 4 |
| MP Materials Corp. MP | Duckworth Connie KDirector | A retainer as 740 shares30 September 2026The filing's own wordsRepresents deferred stock units ("DSUs") awarded in connection with the election to defer cash retainers by the reporting person. | -12.9% | No | Form 4 |
| Atmos Energy Corp. ATO | Geiser EdwardDirector | $35,000 of fees as 225 shares1 October 2026The filing's own wordsThe phantom share units were received pursuant to an election to convert a portion of the reporting person's director fees under the Plan and are to be settled upon the reporting person's termination of service on the Company's Board of Directors. | -11.6% | No | Form 4 |
| Ryder System Inc. R | Swoboda Charles MDirector | A retainer as 124 shares1 October 2026The filing's own wordsGrant of restricted stock units (RSU) in lieu of cash retainer as elected by the reporting person under the terms of the Issuer's Amended and Restated 2019 Equity and Incentive Compensation Plan. | -11.4% | No | Form 4 |
| W. P. Carey Inc. WPC | Gass RhondaDirector | $29,936 of fees as 469 shares1 October 2026The filing's own wordsRepresents the Issuer's common stock in the form of shares granted under the Issuer's Non-Employee Director Stock Election Plan in lieu of director fees pursuant to the director's election, which will be paid at the end of the deferral period selected by the reporting person. | -10.5% | No | Form 4 |
| MDU Resources Group Inc. MDU | Durkin Marian MDirector | A retainer as 172 shares30 September 2026The filing's own wordsPursuant to the issuer's director compensation policy, the reporting person elected to receive common stock in lieu of the cash compensation retainer for service on the issuer's board of directors. | -10.4% | No | Form 4 |
| MDU Resources Group Inc. MDU | Dosch Vernon A.Director | A retainer as 1,462 shares30 September 2026The filing's own wordsPursuant to the issuer's director compensation policy, the reporting person elected to receive common stock in lieu of the cash compensation retainer for service on the issuer's board of directors. | -10.4% | No | Form 4 |
| Global Net Lease, Inc. GNL | Richardson LeonDirector | A $28,753 retainer as 3,481 shares6 October 2026The filing's own wordsRepresenting common stock issued pursuant to Global Net Lease, Inc's (the "Company") 2025 Omnibus Incentive Compensation Plan, representing a portion of the reporting person's annual retainer for service on the Company's Board of Directors and certain of its committees, which the reporting person elected to receive in shares of the Company's common stock in lieu of cash. | -9.2% | No | Form 4 |
| Global Net Lease, Inc. GNL | Kauffman Robert IDirector | A $36,253 retainer as 4,389 shares6 October 2026The filing's own wordsRepresenting common stock issued pursuant to Global Net Lease, Inc's (the "Company") 2025 Omnibus Incentive Compensation Plan, representing a portion of the reporting person's annual retainer for service on the Company's Board of Directors and certain of its committees, which the reporting person elected to receive in shares of the Company's common stock in lieu of cash. | -9.2% | No | Form 4 |
| Ventas, Inc. VTR | Smith Maurice SDirector | $1,500 of fees as 18 shares13 October 2026, 2 times in 90 daysThe filing's own wordsNon-Employee Directors' Cash Compensation Deferral Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. | -9.2% | No | Form 4 |
| Ventas, Inc. VTR | Martino Roxanne MDirector | $1,500 of fees as 18 shares13 October 2026, 2 times in 90 daysThe filing's own wordsNon-Employee Directors' Cash Compensation Deferral Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. | -9.2% | No | Form 4 |
| Verisk Analytics, Inc. VRSK | Liss Samuel GDirector | A retainer as 156 shares30 September 2026The filing's own wordsThe reporting person elected to receive these deferred stock units under the Issuer's 2021 Equity Incentive Plan as part of the annual Board member retainer fee which is paid quarterly in arrears. | -8.6% | No | Form 4 |
| Elanco Animal Health Inc. ELAN | Anand Kapila KDirector | A $14,375 retainer as 642 units30 September 2026The filing's own wordsAnand elected to defer her director cash retainer fees pursuant to the Company's Directors' Deferral Plan (the "Plan") and such deferred fees were credited to the Elanco Deferred Stock Account under the Plan. | -7.1% | No | Form 4 |
| ON Semiconductor Corp. ON | Mascarenas Paul AnthonyDirector | A $10,696 retainer as 126 shares2 October 2026The filing's own wordsRepresents fully-vested shares of common stock issued to the Reporting Person in lieu of a portion of his quarterly cash retainers for the third quarter of 2026 based on his previously-submitted election. | -7.0% | No | Form 4 |
| Humana Inc. HUM | Hilzinger Kurt JDirector | $91,609 of fees as 238 units30 September 2026The filing's own wordsDirector's cash fee elected to be converted into stock units, deferred at the election of the Reporting Person during a designated enrollment period in the year preceding the reported transactions. | -6.8% | No | Form 4 |
| One Gas, Inc. OGS | Stavropoulos NickolasDirector | A $119,615 retainer as 1,503 shares11 August 2026The filing's own wordsAnnual stock retainer elected to be deferred to phantom stock under ONE Gas' Deferred Compensation Plan for Non-Employee Directors. | -6.1% | No | Form 4 |
| Aramark ARMK | Dreiling Richard WDirector | A $27,470 retainer as 500 shares9 October 2026The filing's own wordsRepresents a grant of fully vested deferred stock units into which the director has elected to defer all of his cash retainer, which will be settled in shares of common stock on the first day of the seventh month after the date of the director's departure from the board. | -5.1% | No | Form 4 |
| Aramark ARMK | Creed GregDirector | A $33,733 retainer as 614 shares9 October 2026The filing's own wordsRepresents a grant of fully vested deferred stock units into which the director has elected to defer all of his cash retainer, which will be settled in shares of common stock on the first day of the seventh month after the date of the director's departure from the board. | -5.1% | No | Form 4 |
| Prologis, Inc. PLD | Bita Cristina GabrielaDirector | Fees as 231 shares30 September 2026The filing's own wordsRepresents director fees that the reporting person has elected to defer into phantom shares under the NQDC Plan. | -5.1% | No | Form 4 |
| Prologis, Inc. PLD | Metcalfe Guy ADirector | Fees as 231 shares30 September 2026The filing's own wordsRepresents director fees that the reporting person has elected to defer into phantom shares under the NQDC Plan. | -5.1% | No | Form 4 |
| Omnicom Group Inc. OMC | Gerstein Mark DDirector | A retainer as 306 shares1 October 2026The filing's own wordsThe reporting person elected to defer receipt of these shares, which represent a quarterly payment of his annual retainer, under the terms of the Omnicom Group Inc. | -5.0% | No | Form 4 |
| Rayonier Inc. RYN | Bass Keith EDirector | A $23,152 retainer as 1,136 shares28 August 2026The filing's own wordsReflects the number of common shares issued to the Reporting Person in payment of the Reporting Person's quarterly retainer in lieu of cash for Q2 2026 pursuant to the Reporting Person's election to participate in the Non-Employee Director Compensation Election to Receive Shares in Lieu of Cash | -2.4% | No | Form 4 |
| Ingevity Corp. NGVT | Segal Francis DavidDirector | $23,815 of fees as 335 shares1 October 2026The filing's own wordsRepresents vested deferred stock units ("DSUs") granted pursuant to the reporting person's election to receive DSUs in lieu of quarterly director fees. | -2.0% | No | Form 4 |
| Ingevity Corp. NGVT | Willis J KevinDirector | $28,791 of fees as 405 shares1 October 2026The filing's own wordsRepresents vested deferred stock units ("DSUs") granted pursuant to the reporting person's election to receive DSUs in lieu of quarterly director fees. | -2.0% | No | Form 4 |
| Dominos Pizza Inc. DPZ | Balson AndrewDirector | A retainer as 101 shares30 September 2026The filing's own wordsBalson's election to receive his cash retainer fees in the form of Company stock, and to defer distribution of such restricted stock units, pursuant to the Amended and Restated Domino's Pizza Deferred Compensation Plan dated October 8, 2024. | -1.5% | No | Form 4 |
| Tractor Supply Co. TSCO | Ham Margaret MDirector | $17,375 of cash pay as 555 shares1 October 2026The filing's own wordsGrant pursuant to an election by the recipient under the Tractor Supply Company Directors Stock Election Plan to receive unrestricted shares of common stock in lieu of cash compensation earned. | -0.1% | No | Form 4 |
| Tractor Supply Co. TSCO | Krishnan RamkumarDirector | $26,250 of cash pay as 839 shares1 October 2026The filing's own wordsGrant pursuant to an election by the recipient under the Tractor Supply Company Directors Stock Election Plan to receive unrestricted shares of common stock in lieu of cash compensation earned. | -0.1% | No | Form 4 |
| Fortive Corp. FTV | Okerstrom Mark DSVP - Chief Financial Officer | $1,269 of cash pay as 20 shares24 July 2026The filing's own wordsThe transaction reported represents a deferral of a portion of the Reporting Person's cash compensation into the EDIP Stock Fund under the EDIP pursuant to the election made by the Reporting Person. | +2.0% | No | Form 4 |
| Hartford Insurance Group, Inc. HIG | Fetter TrevorDirector | $165,000 of cash pay as 1,177 units27 July 2026The filing's own wordsRestricted Stock Units acquired in lieu of cash compensation pursuant to an election under The Hartford 2025 Long Term Incentive Stock Plan. | +2.5% | No | Form 4 |
| Hartford Insurance Group, Inc. HIG | Dominguez CarlosDirector | $115,000 of cash pay as 821 units27 July 2026The filing's own wordsRestricted Stock Units acquired in lieu of cash compensation pursuant to an election under The Hartford 2025 Long Term Incentive Stock Plan. | +2.5% | No | Form 4 |
| NCR Atleos Corp. NATL | Reece Joseph EDirector | A $57,514 retainer as 1,273 units30 September 2026The filing's own wordsThe reporting person elected to defer receipt of the quarterly cash retainer as NCR Atleos common stock to be received following the termination of the reporting person's service as a director. | +2.5% | No | Form 4 |
| Nordson Corp. NDSN | Mapes Christopher LDirector | A $12,507 retainer as 42 shares31 July 2026The filing's own wordsPursuant to the terms of the Company's Directors' Deferred Compensation Sub-Plan, the reporting person elected to defer a portion of his quarterly cash retainer payment into Stock Equivalent Units. | +5.1% | No | Form 4 |
| Nordson Corp. NDSN | Deford John ADirector | A $25,014 retainer as 84 shares31 July 2026The filing's own wordsPursuant to the terms of the Company's Directors' Deferred Compensation Sub-Plan, the reporting person elected to defer his quarterly cash retainer payment into Stock Equivalent Units. | +5.1% | No | Form 4 |
| Darden Restaurants Inc. DRI | Wilmott Timothy JDirector | A retainer as 153 units30 August 2026The filing's own wordsThe Reporting Person elected to take all of the quarterly cash retainer for serving as a director in the form of restricted stock units for which vested shares will be delivered to the Reporting Person upon the Reporting Person's termination of service as a director. | +5.8% | No | Form 4 |
| Darden Restaurants Inc. DRI | Kenningham DarylDirector | A retainer as 150 units30 August 2026The filing's own wordsThe Reporting Person elected to take all of the quarterly cash retainer for serving as a director in the form of restricted stock units which settle immediately. | +5.8% | No | Form 4 |
| Leidos Holdings, Inc. LDOS | Kraemer Harry M Jansen JrDirector | A retainer as 297 shares7 October 2026The filing's own wordsThe reporting person elected to defer receipt of these shares, which represent a quarterly payment of their retainer for service on the company's Board of Directors, under the terms of the Leidos Holdings, Inc. | +5.9% | No | Form 4 |
| Datadog, Inc. DDOG | Phillips DominicDirector | $15,609 of cash pay as 57 shares1 October 2026The filing's own wordsThis Class A Common Stock was issued to the Reporting Person pursuant to the Issuer's non-employee director compensation policy, based on his election to receive equity in lieu of cash. | +6.2% | No | Form 4 |
| Vontier Corp. VNT | Eatroff Robert LDirector | A $33,867 retainer as 1,060 shares25 September 2026The filing's own wordsOn September 25, 2026, the Issuer granted to the Reporting Person restricted stock units ("Deferral RSUs") of the Issuer in the amount indicated, based on a 20-day average price of $31.95 pursuant to deferral election made by the Reporting Person of annual retainer fees that would otherwise have been paid in cash. | +6.3% | No | Form 4 |
| Incyte Corp. INCY | Clancy Paul JDirector | A $24,634 retainer as 203 shares30 September 2026The filing's own wordsRestricted shares issued to the Reporting Person under the Issuer's Amended and Restated 2010 Stock Incentive Plan in lieu of quarterly director retainer fees pursuant to an election by the Reporting Person intended to comply with Rule 10b5-1. | +6.6% | No | Form 4 |
| Incyte Corp. INCY | Harrigan EdmundDirector | A $24,998 retainer as 206 shares30 September 2026The filing's own wordsRestricted shares issued to the Reporting Person under the Issuer's Amended and Restated 2010 Stock Incentive Plan in lieu of quarterly director retainer fees pursuant to an election by the Reporting Person intended to comply with Rule 10b5-1. | +6.6% | No | Form 4 |
| LyondellBasell Industries N.V. LYB | Karlin Bridget EDirector | A retainer as 781 shares30 September 2026The filing's own wordsPrior to the beginning of the year, the reporting person elected to receive common stock in lieu of cash for her annual retainer, which is paid in quarterly installments. | +9.3% | No | Form 4 |
| LyondellBasell Industries N.V. LYB | Kamsky Virginia ADirector | A retainer as 720 shares30 September 2026The filing's own wordsPrior to the beginning of the year, the reporting person elected to receive common stock in lieu of cash for her annual retainer, which is paid in quarterly installments. | +9.3% | No | Form 4 |
| Freeport-McMoRan Inc. FCX | Grant HughDirector | A $33,740 retainer as 482 shares1 October 2026The filing's own wordsRepresents shares acquired pursuant to the Reporting Person's previous election to receive shares of common stock in lieu of cash for some or all of his annual retainer fee. | +13.6% | No | Form 4 |
| Freeport-McMoRan Inc. FCX | Stephens John JosephDirector | A $20,580 retainer as 294 shares1 October 2026The filing's own wordsRepresents shares acquired pursuant to the Reporting Person's previous election to receive shares of common stock in lieu of cash for some or all of his annual retainer fee. | +13.6% | No | Form 4 |
| Eplus Inc. PLUS | Bowen Bruce MDirector | Cash pay as 232 shares1 October 2026The filing's own wordsThe Shares were issued pursuant to the reporting person's election to receive the Shares in lieu of cash compensation as permitted under the ePlus' 2024 Non-Employee Director Long Term Incentive Plan. | +14.9% | No | Form 4 |
| Warner Bros. Discovery, Inc. WBD | Noto AnthonyDirector | A retainer as 929 shares30 September 2026The filing's own wordsNoto elected to receive shares of common stock in lieu of a quarterly cash retainer in respect of his services as a director. | +15.4% | No | Form 4 |
| Cleveland-Cliffs Inc. CLF | Cronin Jane M.Director | A $39,996 retainer as 3,487 shares1 October 2026The filing's own wordsReflects the number of common shares issued to the Reporting Person in payment of the Reporting Person's quarterly retainer in lieu of cash for the fourth quarter pursuant to the Reporting Person's election to participate in the Cleveland-Cliffs Inc. | +16.3% | No | Form 4 |
| Cleveland-Cliffs Inc. CLF | Bloom Ron A.Director | A $39,996 retainer as 3,487 shares1 October 2026The filing's own wordsReflects the number of common shares issued to the Reporting Person in payment of the Reporting Person's quarterly retainer in lieu of cash for the fourth quarter pursuant to the Reporting Person's election to participate in the Cleveland-Cliffs Inc. | +16.3% | No | Form 4 |
| Affiliated Managers Group, Inc. AMG | Starr Loren MDirector | Fees as 210 units30 July 2026The filing's own wordsReflects cash fees that the director has elected to defer under the Company's deferred compensation plan, which are notionally invested in a measurement fund tracking the Company's common stock during the deferral period. | +24.0% | No | Form 4 |
| Avnet Inc. AVT | Khaykin OlegDirector | A retainer as 356 units1 October 2026The filing's own wordsThe reporting person has elected to defer 100% of his quarterly cash retainer, so PSUs were issued in lieu of cash, pursuant to the Avnet, Inc. | +24.5% | No | Form 4 |
| Arthur J. Gallagher & Co. AJG | Miskel Christopher C.Director | A $40,000 retainer as 153 shares1 September 2026The filing's own wordsThis acquisition resulted from the reporting person's election in a prior year (pursuant to the Company's Director Deferral Plan) to defer the reporting person's annual cash retainer, which the Company pays on a quarterly basis, into deferred share units that will be distributed in the form of the Company's common stock. | +27.3% | No | Form 4 |
| Illumina, Inc. ILMN | Meister Keith A.Director | A $23,519 retainer as 107 shares30 September 2026The filing's own wordsMeister elected to receive 100% of his 2026 board and committee cash retainer fees in Illumina stock. | +48.9% | No | Form 4 |
| Illumina, Inc. ILMN | Ullem Scott B.Director | A $24,838 retainer as 113 shares30 September 2026The filing's own wordsUllem elected to receive 100% of his 2026 board and committee cash retainer fees in Illumina stock. | +48.9% | No | Form 4 |
How this list is madeAn insider who was owed pay in cash (a retainer, fees, a salary or a bonus) took shares or share units instead in the last 90 days, and the Form 4's footnote says it was the insider's own choice. Days when three or more insiders of one company took stock, company plans where the filing does not say anyone chose, and units that can be paid out in cash are left off this list and stay labelled on each company's insiders tab.
The stock column is the change from the last close three months before the day the insider took the shares to the last close on or before that day.